Follow Us @
Galaxy Digital predicts Dogecoin (DOGE) at $1 in 2025
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.
THE Dogecoin (DOGE) could reach the US$1 mark in 2025, according to Galaxy Digital, a digital asset investment company. The cryptocurrency has already appreciated more than 380% in one year, benefiting from political events and the popularity driven by Elon Musk.
Recently, Market “whales” moved around 1.08 billion DOGE in a single day, generating expectations of a new upward wave. These movements are drawing the attention of analysts, who are now betting that DOGE will surpass the historic mark of US$0.70.
According to Galaxy, an investment firm specializing in digital assets and blockchain, DOGE could reach the value of US$1 and surpass the market value of US$100 billion. The prediction was made through the company’s profile on X, in a publication that made 23 predictions for the cryptocurrency market in 2025, among them, the prediction about DOGE.
Considering recent cryptocurrency data, the prediction is well founded. In just one year, the Dogecoin appreciated more than 380%, going from US$0.079 to the current US$0.39. This increase is due, to a large extent, to the hangover from Donald Trump’s victory in the United States elections, when memecoin it went from US$0.15 on the day the results were announced and reached its second highest mark, US$0.47 on December 8th.
Billionaire influencer and State Department
One of the actors who has been injecting popularity into memecoin is Elon Musk. The 55-year-old businessman doesn’t hide from anyone that he is a big fan of memecoin, one of the stars of Memex Index. Since mid-2020, when he made the first publication mentioning the name DOGE (I’m sorry, I only sell Doge!), Elon Musk has expressed his appreciation for memecoin.
Now, as the president’s right-hand man, the Tesla CEO has put DOGE back in the public spotlight. He came up with the idea for Trump to create the Department of Government Efficiency, which will be under his tutelage and that of businessman Vivek Ramaswamy. The body, which will help the government make spending cuts, was abbreviated DOGEdespite, to date, having no relationship with cryptocurrency.
In addition to counting on the influence of one of the richest men in the world, the Dogecoin also has whales on its side. Named after cryptocurrency wallets with large volumes of DOGE, whales have been making eye-catching moves in the blockchain ocean.
On January 3rd, the whales moved around 1.08 billion DOGE in just 24 hours. The hunger for cryptocurrency caused the value to increase by 10% throughout the daya fact that led analysts to start betting on a new wave of rise in the token.
Galaxy Digital predicts Dogecoin (DOGE) at $1 in 2025
Follow TODAYSGIST on Google News and receive alerts for the main trending SEO news, Ai news, latest Ways to rank your website, marketing discoveries, Local SEO and lots more!
Galaxy Digital predicts Dogecoin (DOGE) at $1 in 2025
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
Galaxy Digital predicts Dogecoin (DOGE) at $1 in 2025
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
Galaxy Digital predicts Dogecoin (DOGE) at $1 in 2025
